BBA407: Intermediate Accounting I

Course Credits:
Course Hours Per Week:

Course Overview

This course focuses on increasing students’ abilities to analyze and apply concepts and techniques grounded in Generally Accepted Accounting Principles for economic decision-making. Students will investigate a wide range of related topics including:

  • Accounting standards and the conceptual framework
  • Accounting information systems
  • Income statement
  • Balance sheet and statement of cash flows
  • Time value of money
  • Cash and receivables
  • Inventories
  • Property, plant and equipment

Course Learning Objectives

  • Determine the appropriateness of journal entries based on generally accepted accounting principles.
  • Describe the Accounting Information system.
  • Prepare an income statement.
  • Prepare a balance sheet and statement of cash flows.
  • Apply present and future value calculations for single and annuity payments/receipts relative to financial statement and report preparation.
  • Apply internal control concepts and techniques in measuring and analyzing cash, receivables, and related accounts.
  • Apply various inventory measurement methods and inventory reporting issues.
  • Analyze asset measurement stages (e.g., acquisition, allocation, disposition) relative to their impact on financial information and decision-making.

Course Prerequisites

Special Requirements

To complete assignments in this course, students must have access to Microsoft Office including Word and Excel.